From 'Digital Gold' to Comprehensive Financial Layer
For many years, Bitcoin has been touted as 'digital gold' – a safe, decentralized, and scarce store of value. However, this very image inadvertently limits Bitcoin's scalability potential in the eyes of developers and investors.
While Ethereum and many other platforms expand into DeFi, NFTs, and high-speed financial applications, Bitcoin is still largely seen as a 'sleeping' asset.
Bitlayer was created to change that.
By combining:
BitVM Bridge – A secure, trustless BTC bridge
YBTC – Yield-generating Bitcoin asset
Bitcoin Rollups – High-performance scalability infrastructure
Bitlayer brings the first full-stack DeFi ecosystem for Bitcoin, expanding functionality while maintaining the core security of the network.
Core Components of Bitlayer
1. BitVM Bridge – Secure Gateway
A trustless bridge between Bitcoin mainnet and Layer 2 Bitlayer
Using fraud proofs verified directly on Bitcoin
Completely eliminating dependence on centralized custodial organizations
Ensuring BTC owners never compromise on safety
👉 Importance: Without a secure bridge, users will not be willing to put BTC into Layer 2.
2. YBTC – Turning Bitcoin into a Yield-Generating Asset
As an asset pegged 1:1 with BTC, issued when BTC is sent to BitVM Bridge
Fully usable across the entire DeFi ecosystem of Bitlayer
Generating profits through lending, providing liquidity, farming...
Always retaining the right to redeem the original BTC at any time
👉 Importance: YBTC transforms BTC from a passive asset into a yield-generating and programmable asset while preserving the security of Bitcoin.
3. Bitcoin Rollups – Real-World Scalability
Processing thousands of transactions/second
Compressing data and sending proofs to Bitcoin for verification
Enabling complex smart contracts to run safely on Bitcoin
Significantly reducing transaction fees for users
👉 Importance: Without Rollups, Bitcoin Layer 2 will forever be stuck with the limit of 7 TPS.
How It Works in Reality
Users deposit BTC into BitVM Bridge
Mint YBTC on Layer 2 Bitlayer
Use YBTC to:
Lend/Borrow
Trade on DEX
Participate in yield farming
Buy and sell NFTs
Transactions are processed at high speed thanks to Rollups
When wanting to exit, users burn YBTC and withdraw the original BTC
👉 Result:
Security tightly linked to Bitcoin
Speed thanks to Rollups
Liquidity maintained within the Bitcoin ecosystem itself
Strategic Impact on Bitcoin
With full-stack architecture, Bitlayer enables Bitcoin:
Becoming the center of a dynamic DeFi economy
Retain liquidity flow instead of it flowing to Ethereum and other chains.
Providing instant transactions, low fees while remaining decentralized
Unlocking composability – a factor that led to the DeFi explosion on Ethereum
A Day with Bitlayer Users
Morning: Alice deposits 2 BTC into BitVM Bridge, receives 2 YBTC.
Dimension:
Providing 1 YBTC to the DEX pool to receive transaction fees
Lending 0.5 YBTC and receiving interest
Night: Swap 0.5 YBTC for a BTC-collateralized stablecoin and use it for online payments.
Weekend: Burn all YBTC to withdraw the original BTC back to the wallet.
👉 Everything happens without trusting any organization.
Why is Bitlayer Different?
Previous efforts often failed because:
Dependent on centralized custodians
Limitations in programmability
Lack of seamless integration between components
Bitlayer addresses by:
Using BitVM for a bridge verified by Bitcoin
Creating YBTC as the native currency on Layer 2
Integrating Rollups to meet real-world demand
Development Roadmap
Launching BitVM Bridge mainnet
Deploying key DeFi protocols (DEX, lending, stablecoin)
Expanding cross-chain interoperability with Ethereum and other Rollups
Entering the fields of NFT, gaming, and payments with Bitcoin
Conclusion: A Comprehensive Financial Layer for Bitcoin
Bitlayer not only adds a single feature but builds a complete financial stack for Bitcoin:
Trustless bridge (BitVM Bridge)
Programmable liquidity (YBTC)
Global scalability (Rollups)
For the first time, Bitcoin can:
Securely bridging assets
Operating complex DeFi applications
Operating at a global scale
👉 This is the DeFi era of Bitcoin – and Bitlayer is leading the journey. @BitlayerLabs #Bitlayer